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Intel quietly pulls back major employee commitment amid troubles
In July, Intel CEO Lip-Bu Tan acknowledged that the company has fallen behind its competitors in recent years. This is mainly due to Intel’s lack of innovation in its chip manufacturing processes, ... Read More
Intel to cut jobs and spending after award of $7.9 billion in federal grants

Chipmaker Intel announced significant spending cuts Thursday that will shrink its workforce this quarter, months after announcing huge layoffs and being awarded more than $7 billion in funding from a ... Read More
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